Why Apple is my favorite stock
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raddie
Apprentice
Joined: 10 Jan 2007
Posts: 5
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 Posted: 07/20/08 - 06:04 Post subject: |
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| I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. I would like to know one thing. Am I right for Apple being my favorite stock because of its stability? Any info will do. It will really mean a lot to me. |
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Apprentice
Joined: 14 Mar 2005
Posts: 3
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| Posted: 08/18/08 - 22:06 Post subject: |
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| Market as a whole depends on the financial state of its parties. Simply put, when economy is failing, so do many companies, and so does the confidence in them. That leads to smaller stocks trading and that is why stocks are at an all year low level of trading. However, if economy recovers, automatically will stock trading rise. Industries are generally in a bad shape, but IT industry is still doing well, in part because of innovations and still relatively low production costs. Of various companies, Apple is definitely one of the most stable, and the one that has ambitious plans that have every chance of being successful. That said, you should definitely like Apple. Best of luck. |
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